How to invest in gold and key price drivers
Reuters reports that large buyers and institutional investors generally buy the metal from big banks.
Reuters reports that large buyers and institutional investors generally buy the metal from big banks.
By Melissa Pistilli-Exclusive to Gold Investing News A number of factors, real or imagined, combined to move the gold price down to touch a two-week low at $1087.70 an ounce early Thursday and then back up to nearly the $1110 level in a matter of hours. Movements in the gold market are becoming less and [...]
On Monday, U.S. gold futures hit a five-week high. The precious metal gained 1.5 percent as a dollar drop and strong commodity imports in China spurred investor buying in bullion. The press release is quoted as saying: Gold for February delivery GCG0 up $16.10, or 1.4 percent, at $1,155 an ounce at 9:24 a.m. EST [...]
By Kishori Krishnan Exclusive To Gold Investing News Money flows are being watched. Gold hit $955 an ounce on Tuesday in Tokyo, as Chinese stock markets showed signs of stability and oil prices gained ground. The precious metal dropped 0.5 per cent the previous day on selling by short-term investors due to caution in the [...]
By Kishori Krishnan Exclusive To Gold Investing News Its a revamped third five-year pact to limit sales of European central bank gold, complete with a lowered ceiling for planned disposals, but it is seen boosting the investment case for bullion and extending its multi-year rally. The European Central Bank surprised markets last week with the [...]
By Kishori Krishnan Exclusive To Gold Investing News Gold slid marginally. As speculators offloaded their holdings of the precious metal to lock in gains after it climbed to a two-month high on Thursday and commodity prices slipped, gold declined to $961.16 an ounce on Friday. Not to worry though, for bullion, which touched $971.68 an [...]
Gold inched higher on Monday as the dollar stayed weaker, underpinning investors’ demand for bullion as a hedge against the U.S. currency. For full story, click here
By Kishori Krishnan Exclusive To Gold Investing News Its a clear sign. Money is coming back into the resource sector as investors around the world are beginning to recognise the exceptional values in the context of a longer term outlook. And companies that are generating shareholder value by advancing their projects will continue to be [...]
Gold prices surged further on the bullion market here today on persistent local demand amidst firming trend in international markets. For full story, click here
Gold edged up on Thursday, after slipping almost $15 toward $900 an ounce the previous day as investor risk aversion pushed the dollar up versus the euro, dulling bullion’s allure as an alternative asset. For full story, click here
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